Payment & banking technologies

Leading social network users offers personalized credit card

Tinkoff Credit System, a Russian bank specializing in consumer credit, and Odnoklassniki.ru, a leading Russian social networking site, have launched a social application allowing users to apply for co-branded credit cards.

Yandex.Dengi connected to Russian national savings bank

Yandex.Dengi, a leading Russian electronic currency system, has announced the launch of cooperation with Sberbank, Russia’s national savings bank. Starting February 21, Yandex.Dengi accounts can be refilled at any Sberbank ATM located in Moscow and the Moscow region. The service will be available throughout Russia by the end of the year. Yandex.Dengi account holders will …

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MTS launches online payment system

MTS, a leading Russian mobile operator, has launched an online payment system allowing MasterCard and Visa cardholders to pay for hundreds of services both related and unrelated to their MTS mobile accounts.

Japanese corporation buys stake in Russian Qiwi payment system; US expansion considered

Japanese holding company Mitsui & Co. has bought a 15% share in Qiwi, Russia’s leading operator of offline electronic payment terminals. Existing shareholders Mail.ru Group, the operations branch of DST investment, and Qiwi management both sold shares to complete the deal and now hold 21.4% and 63.7% respectively. No official information on the value of …

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